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IILM’s Short-term Sukuk Portfolio Hits New Record High Of US$6.2 Bln


Kuala lumpur: The International Islamic Liquidity Management Corporation’s (IILM) outstanding short-term Sukuk portfolio has reached a new record level of US$6.2 billion (US$1=RM4.20).

According to BERNAMA News Agency, the world’s leading issuer of Shariah-compliant short-term liquidity management instruments reported that this achievement follows the successful issuance and reissuance of an aggregate US$1.43 billion short-term Sukuk. These issuances covered tenors of one, three, six, and twelve months, marking the largest auction conducted by the IILM this year.

The four series were competitively priced at 4.15 percent for US$590 million (one-month tenor); 4.08 percent for US$490 million (three-month tenor); 4.25 percent for US$280 million (six-month tenor); and 4.10 percent for US$75 million (12-month tenor).

The transaction marks the IILM’s nineteenth Sukuk auction of the year, bringing its total issuances in 2025 to US$20.2 billion across 60 series of varying tenors.

The latest issuance is conducted u
nder the IILM’s US$8.5 billion short-term Sukuk Issuance Programme, which carries the highest short-term credit ratings of ‘A-1’ from S and P Global Ratings and ‘F1’ from Fitch Ratings.

IILM chief executive officer Mohamad Safri Shahul Hamid stated that the transaction represents a key milestone for the IILM, not only as its largest single monthly issuance of the year but also as a demonstration of sustained investor confidence in IILM’s platform.

He emphasized that amid a dynamic global rate environment, IILM continues to deepen and diversify its short-term Sukuk offerings, highlighted by the onboarding of a new US$150 million short-term asset. This achievement elevates their total asset base to an all-time high of US$6.2 billion, reinforcing the strong momentum in enhancing market liquidity, widening investor participation, and strengthening the resilience of the Islamic finance ecosystem.

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